Money

‘The Jump Is Worrying:’ Bayer Reports Even More Roundup-Related Cancer Lawsuits

Bayer AG unveiled more troubles at its crop science division after lawsuits related to its Roundup weedkiller ballooned and bad weather as well as trade disputes curbed demand, throwing the company’s full-year forecast into doubt. The number of lawsuits from people in the U.S. claiming Roundup caused their cancer rose by about 5,000 to 18,400, …

‘The Jump Is Worrying:’ Bayer Reports Even More Roundup-Related Cancer Lawsuits Read More »

Blockchain Launches ‘Fastest’ Crypto Exchange in the World

A long time fixture in the cryptocurrency world is jumping into the crowded exchange market. On Tuesday, London-based Blockchain announced “the Pit,” an exchange that it says will match trades at “speeds a quantum faster than any other crypto exchange.” Blockchain, which launched in 2011, is best known for providing a wallet service that lets …

Blockchain Launches ‘Fastest’ Crypto Exchange in the World Read More »

Detroit Happily Steps Into Role of Political HQ as Democrats Gather for Debate

Detroit has seen ups and downs since explorer Antoine de la Mothe Cadillac founded it in 1701, but the Motor City’s current role as national politics central is definitely an up, the city’s power players are saying. On Tuesday and Wednesday, 5,000 people will pack into the Fox Theatre each night for another two-part debate …

Detroit Happily Steps Into Role of Political HQ as Democrats Gather for Debate Read More »

Hacker May Have Stole Info About Millions of Capital One Customers, U.S. Says

Capital One lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said. The woman, Paige A. Thompson, was arrested Monday and appeared in federal court in Seattle. The data theft occurred some time between March 12 and …

Hacker May Have Stole Info About Millions of Capital One Customers, U.S. Says Read More »

New Rules for Next Democratic Debate: No 1-Word Answers or Show of Hands

During the first Democratic presidential debate, NBC thought it could get candidates to answer a question with a simple “yes” or “no.” No chance. They’re politicians, remember? For the second debate, CNN promises not to call for one-word answers or ask any questions that require a show of hands. Those are among the changes that …

New Rules for Next Democratic Debate: No 1-Word Answers or Show of Hands Read More »

Uber, Citing Slowed Growth, Is Cutting One-Third of Its Global Marketing Staff

Uber is cutting a third of its marketing department globally, said a person familiar with the matter, as the chief executive officer seeks to address perceptions that the business is slowing down. The ride-hailing company will dismiss about 400 employees, said the person, who asked not to be identified because the details aren’t public. Dara …

Uber, Citing Slowed Growth, Is Cutting One-Third of Its Global Marketing Staff Read More »

What CEOs, Bankers, and Tech Execs Think About a Coming Recession

When the next recession inevitably strikes, how bad will it be? That was one of the questions we posed to CEOs, bankers, and tech executives on the sidelines of Fortune’s Brainstorm Finance conference in Montauk, N.Y., in mid-June. The query provoked responses ranging from fears of a cataclysmic collapse to calm dismissal of any economic …

What CEOs, Bankers, and Tech Execs Think About a Coming Recession Read More »

Surescripts Throws Down the Gauntlet in Amazon PillPack Spat: Brainstorm Health

Happy Monday, readers! I hope you had a wonderful weekend. There’s a veritable battle of the titans afoot in the pharmacy space. And it’s pitting Surescripts, a health IT and information network, against a startup called ReMy Health and tech giant Amazon’s online pharmacy service PillPack. Shares of legacy pharmacy chains such as CVS and …

Surescripts Throws Down the Gauntlet in Amazon PillPack Spat: Brainstorm Health Read More »